India is the jewel in the emerging market crown - FT.com:
"One year on from the election of Prime Minister Narendra Modi, India is attracting unprecedented levels of support from emerging market fund managers.
Even though India’s stock market has struggled to maintain the momentum that followed the election in May last year, emerging market managers are running their largest overweight position to Indian equities relative to the MSCI emerging markets benchmark since records began in 1995.
“No market in EM has ever been liked more than India in the history of investor positioning post 1995,” says Markus Rosgen, an equity strategist at Citi, the bank."
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